Nvidia's Hidden $40 Billion Business Outside Big Tech Is Growing Twice as Fast
📊 NVDA — Piyasa Yorumu
▲ up · 60%The news indicates that Nvidia's businesses outside of major technology are growing rapidly, which can be perceived as a positive signal as it enhances the company's revenue diversification. On the technical indicators, the RSI at 71.6 signals overbought conditions, suggesting a potential short-term correction risk. However, the price remains above the SMA20 and SMA50, and the 3.6% gain over the last 24 hours maintains strong momentum. The MACD is still in negative territory but is approaching the signal line, indicating potential for a bullish crossover. In the short term, the uptrend may continue driven by the news, but caution is advised due to overbought conditions. Therefore, the direction is upward with moderate confidence.